The AUDUSD hits the target – Analysis - 26-09-2022

Economies.com
2022-09-26 04:08AM UTC

The AUDUSD pair managed to hit our waited main target at 0.6500, showing more of the bearish bias moves, to press on this level and heads towards continuing the decline on the intraday and short term basis, easing the way towards achieving new negative targets that reach 0.6420.

 

Therefore, we will keep preferring the bearish trend in the upcoming period, being aware that breaching 0.6535 might push the price to test 0.6610 levels before any new attempt to decline.

 

The expected trading range for today is between 0.6430 support and 0.6550 resistance

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
USD/JPY news

Forex

Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
GBP/JPY news

Forex

Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price awaits the breach – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
USDCHF Price Analysis The USDCHF price continues to fluctuate around 0.9150 level and finds ...
NZD USD Analysis

Forex

The NZDUSD price begins with new positivity – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
NZDUSD Price Analysis The NZDUSD price shows new positive trades by today’s open, to ...
AUD USD Analysis

Forex

The AUDUSD price hits the target – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
AUDUSD Price Analysis The AUDUSD price succeeded to achieve our waited target at 0.6570$ by ...